Examlex
A rhumb line is a line of constant direction (crosses all meridians at the same angle).
Modernization Theory
A theory suggesting that societies progress linearly from traditional to modern states, emphasizing the role of technology and economic development in this transition.
Dependency Theory
A socioeconomic theory suggesting that resources flow from poor, underdeveloped states to wealthy states, enriching the latter at the expense of the former.
World Systems Theory
A socio-economic theory that suggests the world is divided into core, semi-peripheral, and peripheral countries, with wealth and power concentrated in the core.
Commodity Chain
The network of production and labor processes by which a product becomes a finished commodity. By following the commodity chain, it is evident which countries gain profits and which ones are being exploited.
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